MARKETS: Indices end near record high, Sensex up 413 pts, Nifty tops 12,150
All that happened in the markets today
 "bse, sensex, stock market")
Indian markets scaled new peaks on Tuesday as buying sentiment firmed up at metal and information technology (IT) counters at the bourses. The benchmark S&P BSE Sensex settled near record high levels of 41,401.65, at 41,352.17-mark, up 413.45 points or 1.01 per cent. Select heavyweights like Bharti Airtel, and HDFC twins, which also hit record highs today, lifted the index along with metals stocks like Tata Steel and Vedanta.
On the NSE, the Nifty50 index closed at 12,165-mark, up 111 points or 0.92 per cent. The index, too, hit a fresh record high of 12,182.75 during the last trading hour. Among the key sectoral indices, Nifty Bank scaled lifetime high of 32,213.35 in the morning deals. At close, the index settled 0.57 per cent higher at 32,156.20 levels. Nifty Metal index, however, was the top performer, up nearly 3 per cent, while Nifty Realty index settled 0.35 per cent lower.
Shares of metal companies, mainly steel, were in focus on Tuesday with Nifty Metal index surging more than 3 per cent intra-day as analysts remain ‘overweight’ on Indian steel industry and see a likely consensus earnings upgrade cycle in sector major. READ MORE
In the broader market, small-caps fared better than mid-cap stocks. The S&P BSE small-cap index closed 0.66 per cent higher at 13,393.77 level, while the S&P BSE mid-cap index settled at 14,818.14 level, up 0.38 per cent.
GLOBAL CUES
Trade deal optimism, positive economic signals in China and Wall Street’s rally sent Asian shares to an 18-month high.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent to its highest since June 2018. Japan's Nikkei touched its firmest in more than year, while markets from Shanghai to Seoul and Hong Kong all rose by more than a percentage point.
European shares paused after a record run on Tuesday as a sales warning from Unilever and concerns that Britain’s Prime Minister Boris Johnson could take a hard stance on the transition period for Brexit dented UK stocks.
The FTSE 100 slipped 0.2 per cent, handing back gains after its strongest rally in nearly a year on Monday after reports that Johnson will use his control of parliament to outlaw any extension of the Brexit transition period beyond 2020. The UK's domestically-focused mid-cap index was down 1.1 per cent.
The broader European equities index , down 0.5 per cent, came off record highs. Consumer goods giant Unilever (ULVR.L) slid 5.9 per cent after it warned that 2019 sales would grow slightly below its expectations, citing tough trading conditions in West Africa and a slowdown in south Asia.
(With inputs from Reuters)
3:41 PM
Sectoral trends at NSE at close
3:40 PM
Sensex heatmap at close
3:39 PM
Closing Bell
>> The benchmark S&P BSE Sensex settled near record high levels of 41,401.65, at 41,352.17-mark, up 413.45 points or 1.01 per cent. Select heavyweights like Bharti Airtel, and HDFC twins, which also hit record highs today, lifted the index along with metals stocks like Tata Steel and Vedanta.
>> On the NSE, the Nifty50 index closed at 12,165-mark, up 111 points or 0.92 per cent. The index, too, hit a fresh record high of 12,182.75 during the last trading hour.
>> On the NSE, the Nifty50 index closed at 12,165-mark, up 111 points or 0.92 per cent. The index, too, hit a fresh record high of 12,182.75 during the last trading hour.
3:27 PM
Buzzing | Avenue Supermarts surges over 7% on heavy volume
3:24 PM
NEWS ALERT | STOCK MARKETS TO REMAIN OPEN ON FEB 1 FOR BUDGET 2020-21: CNBC TV18
Alert: Feb 1 is Saturday
BSE Stock Exchange (Photo- Boomberg)
3:14 PM
Market check | Sensex surges 400 pts
3:06 PM
NEWS ALERT | Nifty hits record high, crosses earlier level of 12,159
-- Nifty50 hits record high after 12 trading sessions
-- Nifty50 hits record high for the 9th time in 2019
-- Nifty50 hits record high for the 9th time in 2019
2:57 PM
Global Markets check
Trade deal optimism, positive economic signals in China and Wall Street’s rally sent Asian shares to an 18-month high.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent to its highest since June 2018. Japan's Nikkei touched its firmest in more than year, while markets from Shanghai to Seoul and Hong Kong all rose by more than a percentage point.
European shares paused after a record run on Tuesday as a sales warning from Unilever and concerns that Britain’s Prime Minister Boris Johnson could take a hard stance on the transition period for Brexit dented UK stocks.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent to its highest since June 2018. Japan's Nikkei touched its firmest in more than year, while markets from Shanghai to Seoul and Hong Kong all rose by more than a percentage point.
European shares paused after a record run on Tuesday as a sales warning from Unilever and concerns that Britain’s Prime Minister Boris Johnson could take a hard stance on the transition period for Brexit dented UK stocks.
The FTSE 100 slipped 0.2 per cent, handing back gains after its strongest rally in nearly a year on Monday after reports that Johnson will use his control of parliament to outlaw any extension of the Brexit transition period beyond 2020. The UK's domestically-focused mid-cap index was down 1.1 per cent.
The broader European equities index , down 0.5 per cent, came off record highs. Consumer goods giant Unilever (ULVR.L) slid 5.9 per cent after it warned that 2019 sales would grow slightly below its expectations, citing tough trading conditions in West Africa and a slowdown in south Asia.
(inputs from Reuters)
(inputs from Reuters)
2:52 PM
NEWS ALERT | Fin Min sets GST collection target at Rs 1.1 trillion/month for the next 4 months: sources to CNBC TV18
-- One of the next four months must touch Rs 1.25 trillion mark
-- Revenue dept to start aggressively collecting arrears of the past 3 months
-- Fin Min says, Revenue, CBIC, CBDT depts should not take cut in corporation tax as an excuse for lesser tax payment
-- Maximise tax collection, but not harass honest tax payer
-- Revenue dept to start aggressively collecting arrears of the past 3 months
-- Fin Min says, Revenue, CBIC, CBDT depts should not take cut in corporation tax as an excuse for lesser tax payment
-- Maximise tax collection, but not harass honest tax payer
2:43 PM
Nifty Metal index up over 3%; Tata Steel hits over 4-month high
Shares of metal companies, mainly steel, were in focus on Tuesday with Nifty Metal index surging more than 3 per cent intra-day as analysts remain ‘overweight’ on Indian steel industry and see a likely consensus earnings upgrade cycle in sector major. Among individual stocks, Jindal Steel & Power rallied 8 per cent to Rs 148 on the National Stock Exchange (NSE). Tata Steel hit an over four-year high of Rs 442, soaring 5 per cent today. READ MORE
2:37 PM
NEWS ALERT | Synergy Group seeks extension from lenders to submit bid for Jet Airways: CNBC TV18
Alert: Deadline to submit bid was Dec 16
2:36 PM
NEWS ALERT | Fitch Ratings affirms Bank of Baroda 's long-term rating at 'BBB-': CNBC TV18
2:34 PM
NEWS ALERT | Fitch affirms Shriram Transport's long term issuer default rating at 'BB+', outlook stable
2:24 PM
BUZZING STOCK:: NIIT Tech zooms 10%
2:16 PM
» More
Pharma stocks trade higher
| COMPANY | LATEST(rs) | CHG(rs) | CHG(%) | VOLUME |
|---|---|---|---|---|
| SUN PHARMA.INDS. | 428.30 | -6.70 | -1.54 | 799341 |
| AUROBINDO PHARMA | 447.70 | -7.05 | -1.55 | 96401 |
| BLISS GVS PHARMA | 148.95 | -0.05 | -0.03 | 65159 |
| GLENMARK PHARMA. | 345.00 | 1.15 | 0.33 | 60583 |
| BIOCON | 290.05 | -5.50 | -1.86 | 58433 |
Topics : MARKET WRAP Markets
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 17 2019 | 7:40 AM IST